New York City housing board freezes rents for regulated apartments
Nexus Europa Newsroom
Posted Jun 26, 2026, 10:00 AM UTC · In the digest of 2026-06-26-1000
New York City's Rent Guidelines Board has approved a rent freeze for approximately one million regulated apartments, fulfilling a key pledge by Mayor Zohran Mamdani. The decision applies to both one and two-year leases.
The New York City Rent Guidelines Board (RGB) has approved a rent freeze for approximately one million regulated apartments. This decision, which applies to both one and two-year leases, fulfills a key pledge made by Mayor Zohran Mamdani. The vote, held on Thursday, was met with cheers and whistles from hundreds of people gathered in Manhattan. Mayor Mamdani issued a statement calling the outcome a "historic victory for New York." Sources: BBC News.